Fed's Kroszner-small business credit access shrank

WASHINGTON, Nov 20 (Reuters) - Small businesses are finding it harder to get credit in the current strained economic environment, but interest rate cuts to date should spur economic activity, Federal Reserve Governor Randall Kroszner said on Thursday.

"On balance, credit supply conditions to small businesses have tightened substantially since last April," Kroszner said in testimony to the House of Representatives Small Business Committee.

"Although credit appears to be generally available, such availability usually comes with tougher standards and at a higher cost," Kroszner said. (Reporting by Mark Felsenthal; Editing by Neil Stempleman)